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Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS

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The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.

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Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS
Decrypt 1h ago

Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS

The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.

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